Everything on ‘Reliance Trends’
Reliance Retail registers 25% growth in FY12
Reliance Retail, a part of the Mukesh Ambani-controlled Reliance Industries posted a 25 per cent revenue growth in 2011-12 as demand at existing stores remained robust, Reliance Industries said in its annual report. Reliance, which disclosed its retail unit’s performance for the first time, reported revenues of Rs 75.99 billion in 2011-12. Its same-store sales [...]
Reliance Digital's new store launch in Bengaluru on its 5th anniversary
Browse more on » Retail, Other news Reliance Digital’s new store launch in Bengaluru on its 5th anniversary Reliance Digital turns five this year with its first store launched in 2007. Reliance Digital is leaving no stone unturned to bring in this special occasion and make its customers feel very special. Tweet Mumbai, Maharashtra, May [...]
Reliance Digital's new store launch in Bengaluru on its 5th anniversary
Reliance Digital’s new store launch in Bengaluru on its 5th anniversary Reliance Digital turns five this year with its first store launched in 2007. Reliance Digital is leaving no stone unturned to bring in this special occasion and make its customers feel very special. To begin with, Reliance Digital has announced the launch of a [...]
Reliance Retail clocks Rs 380 cr loss in FY12
Almost a year after India’s richest man Mukesh Ambani restructured the operations of his retail unit, bringing in a team of expats from Wal Mart China, Reliance Industries (RIL)’s retail business has continued to report losses. The retail major has reported total losses in excess of Rs 380.18 crore in 2011-12. Last year, RIL’s retail [...]
Some of Reliance's retail formats still making losses
While Mukesh Ambani’s Reliance Retail showed a jump of 25 per cent in consolidated revenue in 2011-12, some of his other major retailing units are still posting losses, according to parent company Reliance Industries Ltd (RIL)’s 2011-2012 annual report. Reliance Retail, set up by RIL six years ago, runs 1,300 stores. It made Rs 7,599 [...]
Reliance Retail registers healthy growth
Reliance Retail, the retail arm of Mukesh Ambani’s Reliance Industries has reported healthy sales growth across all its formats for the quarter and financial year ended March 31, 2012. It owns over 6.5 million sq. ft. space spread over 1,300 stores in 18 Indian states. ‘‘The company will be rolling out more stores in 2012-13 [...]
Reliance clubs nine arms with Reliance Fresh
Mumbai: Reliance Retail Ltd, an arm of India’s most-valued company Reliance Industries Ltd, has integrated nine of its loss-making subsidiaries with Reliance Fresh Ltd, under a scheme of arrangement proposed to the Bombay high court. The structure was approved by the court on 26 December and came into effect on 30 December, when the court [...]
Saif & Kareena to promote “Agent Vinod” at Reliance Digital, Phoenix City, Mumbai
Saif & Kareena to promote “Agent Vinod” at Reliance Digital, Phoenix City, Mumbai 19th March: Saif Ali Khan and Kareena Kapoor will be seen together at Reliance Digital which is the largest electronic store located at Phoenix City Mall Kurla(West), Mumbai promoting their upcoming movie” Agent Vinod”. With this movie geared to release on 23rdMarch [...]
Reliance TimeOut and HarperCollins Publishers India presented an …
Reliance TimeOut, the books, music, stationery, toys and gifts store of Reliance Retail in association with HarperCollins Publishers India organized an exclusive book reading session from New York’s award-winning noir series which has come to India with its first collection of stories set in Delhi, the country’s chaotic capital. The book ‘Delhi Noir‘ has been [...]
Reliance Retail plans to boost non-food business
Mukesh Ambani-owned Reliance Retail Ltd wants to aggressively expand non-food retail as consumer confidence returns, said Bijou Kurien, president and chief executive of its lifestyle business segment. The non-food retail formats, such as Reliance Digital, Reliance TimeOut, Reliance Home Kitchen, Reliance Jewels, Reliance Trends, are spread over around 300 stores and clubbed under the speciality [...]
